Summary
Student loan borrowers fear worsened conditions under Donald Trump, who has criticized debt relief and oversaw a 99% rejection rate for Public Service Loan Forgiveness (PSLF) during his first term.
Many borrowers remain in limbo awaiting forgiveness, while others struggle with ballooning debt despite decades of payments.
Borrowers expect Trump to scale back or eliminate relief programs initiated by Joe Biden, which have forgiven $166.5 billion in loans.
Critics highlight flaws in the existing system, calling it a “nightmare” for those seeking relief.
Yeah, I know it’s income based. That’s why I haven’t made enough to pay it.
What I mean is there were several income-based options, and idk which one I’m on or was on, and idk if that’s still the case because I’ve chosen to do absolutely nothing with my student loans beyond what I’m specifically required to do (was hoping for forgiveness to go through but that didn’t happen). So I’ve only had to file one proof of income form, for example, even though it should have been yearly.
I knew the terms at the time, but it’s been a while so meh.